Crazy Rich India Gautam Adani takes over as the 5th richest person in the world from Warren Buffett

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Crazy Rich from India Gautam Adani has just taken the position of the fifth richest person in the world. He managed to change the position of veteran investor Warren Buffett, who previously held this position.

Start from Forbes Real Time Billionaire, As of Tuesday (4/26/2022), Adani, now 59, is estimated to have a net worth of US$125.3 billion or the equivalent of Rs.

Adani’s success in reaching the fifth richest person in the world has been fueled by the extraordinary rise in his company’s shares since earlier this month.

Even based on this Forbes Real Time Billionaire report, Adani’s fortune is valued at $2.2 billion today, or 1.75%.

Please note that Adani himself is the founder and chairman of the Adani Group. The group of companies that owns it is active in various sectors, including infrastructure, natural resources, power generation and transmission, and real estate.

The company is also known for being involved in port operations. Adani currently operates India’s largest port, Mundra Port, located in its home state of Gujarat.

As if that weren’t enough, Adani previously acquired a 74 percent stake in Mumbai International Airport, India’s second busiest airport, in September 2020, making itself the country’s largest airport operator.

In addition, Adani also owns Abbot Point, a controversial coal mining project in Australia, whose Carmichael coal mine is believed to be one of the largest in the world. It took Adani nine years to obtain all the permits to carry out this project.

Now he says he wants to become the world’s largest producer of green energy, with a goal of investing up to $70 billion in renewable energy projects.

(fdl/fdl)

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